The residential development in Area C shall include housing affordable to low and moderate income households. Twenty percent of the units must be reserved for, and affordable to, low or moderate income households. Of these, at least half must be reserved for, and affordable to, low income households. The developer may designate that the low and moderate income units will be rental units. If the developer designates that the low and moderate income units are rental units, at least 26 percent of the low income units must be reserved for, and affordable to, very low income households. Low and moderate income units designated as rental units shall be maintained as rental units for a period of at least 30 years.

Low and moderate income housing units shall be governed by the standards set forth in the Uniform Housing Affordability Controls, N.J.A.C. 5:89-26.1 et seq.

Nonresidential development in the MUPUD Zone shall be exempt from any municipal development fee or fee in lieu of construction of low and moderate income housing.

The construction of low and moderate income housing shall be phased with the construction of market-priced housing, as follows:

For purposes of the schedule set forth in paragraph d above, a newly constructed unit shall be considered complete when the certificate of occupancy is issued.